{"id":4806,"date":"2021-10-21T02:18:54","date_gmt":"2021-10-20T18:18:54","guid":{"rendered":"https:\/\/www.sunsylux.com\/blog\/?p=4806"},"modified":"2023-12-13T06:24:47","modified_gmt":"2023-12-12T22:24:47","slug":"debit-vs-credit-understanding-accounting-examples","status":"publish","type":"post","link":"https:\/\/www.sunsylux.com\/blog\/?p=4806","title":{"rendered":"Debit vs Credit: Understanding accounting examples"},"content":{"rendered":"

\"debits<\/p>\n

Examples of liability subaccounts are bank loans and taxes owed. Business transactions are events that have a monetary impact on the financial statements of an organization. When accounting for these transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right.<\/p>\n<\/p>\n